Conclusion
VuFi complies with the ERC-20 token standards and is a promising option for anyone who wishes to deal in utility tokens. Furthermore, its smart algorithm keeps it devoid of daily fluctuations, which is rampant in the cryptocurrency landscape. Since the VuFi makes use of the Dollar inflation rate as the target price, the fluctuations happen in a balanced manner without any wild swings.
Over the past twenty years, the annual inflation rate of the US dollar has not exceeded 3.84%. The 3.84% per annum was way back in the year 2008 when the Lehmann Brothers declared bankruptcy (Value of $100 from 2000 to 2021, 2021). From 2000 to 2021, the average annual inflation rate has been 2.01% and the cumulative change is approximately 51.91%.
As the VuFi's price is pegged to the inflation rate of a stable fiat currency, it acts as a store of value for digital asset enthusiasts. Not to mention the massive growth opportunities offered by its highly elastic supply of collateralized tokens.
Last modified 1yr ago